DXY Technicals Add Pressure on FED DataUS Dollar Index CFD (USD)VANTAGE:USDXLestradePh〽️Weekly RSI Divergence Spotted in the US Dollar Index (DXY) A bearish divergence has emerged on the weekly RSI chart of the US Dollar Index (DXY), signaling a potential loss of upward momentum. Historically, such divergences often precede price corrections or reversals. ✅Market Implications: USD pairs, gold, and crypto assets may see retracement as dollar strength wanes in response to technical exhaustion. Traders should watch for signs of consolidation or reversal in assets inversely correlated with the dollar, such as gold (XAU/USD) and Bitcoin (BTC/USD). 📈Macro Outlook: All eyes on the Federal Reserve: The divergence adds weight to market speculation that the Fed might pivot toward a rate cut at its July 15 meeting. If confirmed, rate cuts could further pressure the dollar, accelerating moves in risk-on assets and emerging market currencies. #XAUUSD #DXY #BTCUSD #tgifx